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Front Page
Malawi misses Ifmis targets
Malawi has missed its targets on implementing the Integrated Financial Management and Information System (Ifmis), a development that might undermine…
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Business News
NPC urges government to float the kwacha
National Planning Commission director general Thomas Munthali has urged the Malawi government to float the kwacha against major international currencies…
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Business News
Govt urged to focuson structural problems
Economic analysts have urged the government to focus on the “structural problems” that led to the devaluation of the kwacha…
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National News
Opposition queries budget trimming
Representatives of opposition parties in Parliament yesterday queried budget cuts to government ministries, departments and agencies (MDAs) and limited access…
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National News
Parliament in early adjournment
Parliament yesterday adjourned early to allow legislators and spokespersons of political parties to prepare for debate on the Mid-Year Budget…
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National News
Malawi lauds IMF support on debt restructuring
Minister of Finance and Economic Affairs Simplex Chithyola-Banda says it is encouraging that the International Monetary Fund (IMF) is supportive…
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Business News
IMF urges govt to restructure debt
The International Monetar y Fund (IMF) has urged the government to prioritise debt restructuring, a shift to private-led sector growth…
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Kapichira still at risk—committee
Parliamentary Committee on Natural Resources and Climate Change has cautioned that the 130 megawatt (MW) Kapichira Hydro Power Station in…
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National News
Do more on trade, fiscal prudence—USA
United States Ambassador David Young says while his government backs the “bold” economic reforms Malawi has undertaken to secure an…
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Business News
Local economists back IMF conditions
Economists say International Monetary Fund (IMF) conditions attached to its loans cannot be blamed for the country’s economic woes, but…
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Business News
Kwacha devaluation hits savings groups
Village savings and loans (VSLs) group members say the 44 percent devaluation of the kwacha will hit them hard because…
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National News
Opposition query recovery plan
Members of Parliament (MPs) yesterday queried Minister of Finance and Economic Affairs Simplex Chithyola Banda on government’s recovery plan in…
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National News
IMF to decide Malawi’s fate today
The International Monetary Fund (IMF) executive board will today decide whether Malawi qualifies for an Extended Credit Facility (ECF) programme…
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National News
EU backs Malawi’s efforts to get ECF
The European Union (EU) has backed Thursday’s devaluation of the kwacha, saying it will position Malawi to unlock funds from…
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Business News
RBM moves to ‘float’ Kwacha
The Reserve Bank of Malawi (RBM) has announced new operational changes to the foreign exchange market, a move economic experts…
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Business News
Veep urges economists to develop practical solutions
Vice-President Saulos Chilima on Thursday urged economists meeting in Mangochi under the Economic Association of Malawi (Ecama) banner to discuss…
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Business News
RBM unveils plan to grow local insurance sector
The Reserve Bank of Malawi (RBM) has unveiled plans to catalyse growth in the insurance sector to build on the…
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National News
Students’ Loans Board needs extra K8.3bn
Higher Education Students Loans and Grants Board says it requires an additional K8.3 billion to sponsor underprivileged students enrolled in…
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Business News
Nocma forges pipeline deal
National Oil Company of Malawi (Nocma) has reached a tentative deal to start transporting fuel out of Beira Port through…
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Business News
Treasury in K324bn budget deficit
Five months into the 2023/24 financial year, government has recorded a K324 billion deficit, prompting economists to urge strong measures…
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